In addition to the joint sanctions placed on Moscow by the UK and other NATO countries in February, Office for National Statistics (ONS) figures have confirmed that UK private energy firms no longer import any oil or gas from Russia.
Long known for being oil-producing economies, many Gulf states have been switching over to renewables in a bid to remain competitive and meet emissions targets, despite the current commodities boom. … read more →
Your Monday morning coffee briefing from TFG: China hits record trade surplus in July
Standard Chartered and ADM announced the launch of the bank’s first green trade export letter of credit (LC) programme in Singapore, London, and New York. Issued under the “Sustainable Goods”… read more →
New research from Allianz Trade shows that reducing non-tariff barriers to trade could lower inflation by 4.5 percentage points (pp) in the EU and by 2pp in the US. Nearly… read more →
The financial belt is tightening around China’s Belt and Road Initiative (BRI).
Many headlines in recent weeks highlight the mounting debt and declining activity that the “project of the century” is now facing.
China’s trade surplus rose to a record high of $101.26 billion in July, the first time in history that the indicator has risen above the $100 billion mark. A trade… read more →
The financial belt is tightening around China’s Belt and Road Initiative (BRI). Many headlines in recent weeks highlight the mounting debt and declining activity that the “project of the century”… read more →
Fears continue to grow over a potential global food security crisis as European farmers struggle to save their crops from extreme weather events.
Further to the decision made in the Court of Appeal Malaysia (appellate jurisdiction) between Punjab National Bank (PNB) and Malayan Banking Berhad (Maybank), Maybank has successfully obtained leave from the Federal Court of Malaysia Putrajaya to file an appeal against the decision made in the Court of Appeal Malaysia